Sentences with phrase «of falling coal prices»

It's looking to exit from bankruptcy, the result of falling coal prices, bad business decisions, and huge pension obligations.

Not exact matches

Its coal volumes have been falling for several years, and the combination of tougher environmental regulations and, in all probability, continued low natural - gas prices make it likely that the decline will persist.

Last year Banks made an operating profit of 18 million pounds ($ 22 million), down from 27 million pounds the previous year because of a fall in the coal prices.

But another type of coal, metallurgical or coking coal, also saw prices fall by about 50 % last year.

The low natural gas prices caused coal's share of the power grid to fall from 42 % in 2011 to 37 % in 2012.

It's falling coal prices not token carbon taxes that will snuff out Prime Minister Abbott's coal - fired dreams of becoming an energy superpower.

The major reason for this is the strong profitability of the industry — the price of both the ingredients (iron ore, coal, freight, fluxes etc.) and the finished steel has decreased, but the costs of producing a ton of steel fell more, so the profit margins have actually improved.

There were increases in the prices of base metals and rural commodities of around 10 per cent and 2 1/2 per cent, respectively, which were offset by falls in the prices of gold and coal.

Other things equal, subsequent declines in spot prices for iron ore and coking coal would, if sustained, see the terms of trade fall further over the next few quarters.

Newcastle spot prices, essentially the global benchmark price for coal, have fallen from a peak of more than $ 140 a ton in early 2011 to less than $ 70 a ton.

The Wyoming - based producer said that coal shipment volumes, realized prices per ton, and net income all fell sharply while average costs per ton of coal sold were markedly higher from year - earlier figures.

If new plants can be built on time and on budget, the risk premium could fall, bringing the price of power from new plants down to 6.6 cents per kilowatt - hour — competitive with gas and coal — the report says.

Even without the environmental drive, new railways from mines to ports, falling investment in coal - fired generation and slowing power demand growth could see China's miners export some of their surplus output at competitive prices, hitting regional miners and the viability of new projects.

With coal prices falling and natural gas prices rising, the EIA says coal's share of U.S. power generation in the first four months of 2013 averaged 39.5 percent, compared with 35.4 percent in the same period last year.

As Jiang explained, the efficiency of coal conversion technologies remains low, and coal - derived liquid fuels or coal - based synthetic gas have lost their price advantage due to falling prices for conventional energy sources.

That surge was fueled, in large part, because of a growing economy, falling coal prices and a cold winter, the U.S. Environmental Protection Agency announced Thursday in its annual greenhouse gas emissions inventory.

The rise of renewables, tightening air pollution standards and shale - driven reductions in gas prices saw coal's share of the US power mix fall from 46 % in 2009 to 39 % in 2014.

Another notable finding is the influence of a big switch from coal to natural gas for electricity generation, as gas prices fell nearly 50 percent while coal prices rose 6.8 percent relative to 2008.

A decade or two into the future, electricity generated through solar power is projected to fall to half the price of that from coal or natural gas.

The WSJ says: «Over a quarter of U.S. coal production is now in bankruptcy, trying to reorganize to cope with prices that have fallen 50 % since 2011.»

However, mild weather during the winter of 2011/2012 combined with falling natural gas prices dampened demand for coal - fired electricity.

Nationwide the coal industry is facing mounting challenges — rising coal costs, falling clean energy prices, a motivated grassroots coalition of organizers working to move the nation off coal, and the growing national demand to tackle climate - disrupting carbon pollution from coal plants.

The fall in oil - indexed natural gas prices, continued growth in renewables, the impact of EU air quality directives, and the introduction of a carbon price floor in the UK have all contributed to coal generation retreating in Europe.

In the UK alone coal's share of generation fell to just 9 % in 2016 (a historic low), due to the closure of three plants last year mainly caused by the introduction of a carbon price floor.

The price of renewable energy will fall significantly relative to new - build coal in coming decades, making an all - renewable electricity system more desirable, both economically and environmentally.

The price of new - build renewable energy is expected to fall significantly relative to new - build coal energy in coming years.

While prices for electricity from renewable sources have fallen sharply in recent years, coal remains the cheapest source of power, and India's coal industry has embarked on a building boom, doubling installed capacity since 2008.

Although the price of coal has quintupled since 2002, reserves have still fallen.

The price of metallurgical coal has fallen 75 percent since the deal, and Peabody was forced to take a $ 700 million writedown on its Australian metallurgical coal assets last year.

These drivers have been the primary reasons behind the stranding of over 14GW of coal - fired power plants between 2010 and 2012 — US thermal coal prices have fallen drastically as a result.

The rise of renewables, tightening air pollution standards and shale - driven reductions in gas prices saw coal's share of the US power mix fall from 46 % in 2009 to 39 % in 2014.

The price for solar panels has fallen 66 percent since 2006, and the cost of solar - generated power may be competitive with coal in a few years, according to a study by UBS.

The difference has now widened enormously with the advent of $ 1.70 natural gas, $ 30 oil, and falling coal prices.

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King Coal is becoming King Canute, as the industry struggles to turn back the tide of reducing demand, falling prices and lower earnings.

In the last few years it has made even less given the rapid fall of oil, coal, and natural gas prices, which have made «green energy» even less economically competitive with fossil fuels than it already was.

Coal producers say they are scaling back operations and laying off thousands of workers due to fierce competition from natural gas, falling coal prices and tougher power plant regulatiCoal producers say they are scaling back operations and laying off thousands of workers due to fierce competition from natural gas, falling coal prices and tougher power plant regulaticoal prices and tougher power plant regulations.

The trend of decreasing coal generation can be attributed to both falling natural gas prices and stagnant demand for electricity, but it can also be partially attributed to the increasing role of solar and wind generation: March 2016 set records for both the highest amount of monthly wind generation ever measured and the highest amount of monthly utility - scale solar generation ever measured.

Skeptical Science notes that when the coal externalities of the study are included in coal's price, it increases the levalized costs to approximately 28 cents per kWh, which is more than the 2009 U.S. Energy Information Administration cost of hydroelectric, wind (onshore and offshore), geothermal, biomass, nuclear, natural gas, and solar photovoltaics, and is on par with solar thermal, although the costs of solar thermal are falling.

However, we find that falling renewable energy costs, air pollution regulations and rising carbon prices will continue to undermine the economics of coal power in the EU, potentially making generation assets unusable by 2030.

Natural gas generation fell further than coal despite a net addition of 5.9 GW of new gas generation capacity, due to higher gas prices earlier in the year.

There's no question falling oil prices have played a big role in recent value declines, but as climate policy gathers momentum and new technologies, such as solar and energy storage, continue their trend of becoming more affordable and ubiquitous the medium - and long - term outlook, especially for coal and oil, looks grim.

As the price of natural gas has fallen, utilities are dropping coal.

An unintended consequence of an a Federal end - of - pipe approach to mercury emissions controls could be an increase in US market prices for low - mercury coal and a fall off demand for high mercury content coal.